Sale Information

Asking Price: $739,000

Building Size: 8,000 SQ FT

Lot Size: 54406

Cost per Square Foot: $92.38

Cap Rate: 6.85%

NOI: $50,633.00

Property Overview

Well maintained 8-unit Multifamily in wooded setting next to Ripley Park in picturesque Cambridge, WI. All units are 2 bedroom, include a 1 car detached garage and 2nd floor units have vaulted ceilings & skylights. Water pressure tanks replaced in 2015, all units have updated flooring and 4 units have been fully updated. Property has well water, landlord pays sewer & trash, tenants pay all other utilities.

Built: 1995

Property Details

Key Points: 8-Unit 2-bedroom Multifamily Wooded setting next to Ripley Park Well maintained, 4 units fully updated Stable rental history / fully leased Live there and rent possibility

Broker Information

ALTUS Commercial Real Estate Inc.
Dan Roseliep, CPM

dan.roseliep@altuscre.com

altuscommercialrealestate.com/

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